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Updated over 7 years ago on . Most recent reply

Aaron Fanning's profile image
Aaron Fanning's profile image
Aaron Fanning
  • from Woodway, Texas
  • Member since Dec 15, 2017
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Aaron Fanning's profile image
Aaron Fanning's profile image
Aaron Fanning
  • from Woodway, Texas
  • Member since Dec 15, 2017
Connect
Aaron Fanning
  • Woodway, TX
0
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Buying & Selling Real Estate

FEMA flood plain property?

Aaron Fanning
  • Woodway, TX
Posted

I've got an opportunity to pick up a property for just below appraisal. It lies in the FEMA flood plain. It could possibly work as a flip but am consented about being able to sell it. Could get into it cheap for a buy and hold but flood insurance will eat up cash flow. Advice?

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